Maxwell Group Inc 401(k) Plan: Login, Facts & Contact Information

Maxwell Group Inc 401(k) Plan Facts

Plan name
SENIOR LIVING COMMUNITIES 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAXWELL GROUP INC.
Participants
2,846 (2,495 active employees)
Former employees with a balance
371
Plan assets
$31,328,125 at Dec 31, 2024
Average account balance
$12,257 across 2,556 accounts
Employer contributions
$777,758 in plan year 2024 (11% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2007
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.03 million went into the plan in contributions, $777,758 of it from the employer (11%).
  • $6.41 million was paid out to participants.
  • Investment and other income added $3.45 million.
  • Administrative expenses were $101,825, about $40 per account.

How the Maxwell Group Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,492$16.4 million$501,175$1.91 million
20202,896$21.0 million$564,965$3.04 million
20212,908$24.4 million$537,575$4.14 million
20222,531$21.7 million$581,104$4.03 million
20232,616$27.4 million$657,228$4.29 million
20242,846$31.3 million$777,758$6.41 million

Maxwell Group Inc 401(k) Contact Information

Phone
704-246-1610
Mailing address
3530 TORINGDON WAY SUITE 204, CHARLOTTE NC 28277
Plan sponsor
MAXWELL GROUP INC.
Employer identification number (EIN)
56-1660190
Plan number
001

Questions about the Maxwell Group Inc 401(k)

Does Maxwell Group Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $777,758, 11% of all contributions.

Does the Maxwell Group Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Maxwell Group Inc 401(k) plan?

2,846 participants at the start of plan year 2024, 2,495 of them active employees, and 371 former employees who still had money in the plan.

What is the average 401(k) balance at Maxwell Group Inc?

About $12,257 per account: $31.3 million in plan assets across 2,556 accounts with a balance at the end of plan year 2024.

Who manages the Maxwell Group Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Maxwell Group Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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